Historic Iraqi dinar North Korean won

Iraqi dinar north korean won history for December 2023. The highest quote for this month is 0.70231 (19/12/2023) and the lowest 0.70925 (14/12/2023). The difference between high and low is -0.99.

IQD KPW average rate for December 2023 is 0.69219, the change between 01/12/2023 and 31/12/2023 is +2.02 %.

01 December 20231 IQD = 0.7022 KPW
02 December 20231 IQD = 0.6881 KPW
03 December 20231 IQD = 0.6881 KPW
04 December 20231 IQD = 0.7013 KPW
05 December 20231 IQD = 0.6881 KPW
06 December 20231 IQD = 0.6881 KPW
07 December 20231 IQD = 0.7015 KPW
08 December 20231 IQD = 0.6881 KPW
10 December 20231 IQD = 0.6876 KPW
11 December 20231 IQD = 0.7013 KPW
12 December 20231 IQD = 0.6876 KPW
13 December 20231 IQD = 0.7019 KPW
14 December 20231 IQD = 0.6881 KPW
15 December 20231 IQD = 0.6881 KPW
16 December 20231 IQD = 0.6881 KPW
17 December 20231 IQD = 0.6881 KPW
18 December 20231 IQD = 0.6979 KPW
19 December 20231 IQD = 0.7023 KPW
20 December 20231 IQD = 0.6881 KPW
21 December 20231 IQD = 0.6881 KPW
22 December 20231 IQD = 0.6881 KPW
23 December 20231 IQD = 0.6876 KPW
24 December 20231 IQD = 0.6876 KPW
25 December 20231 IQD = 0.7008 KPW
26 December 20231 IQD = 0.7008 KPW
27 December 20231 IQD = 0.6881 KPW
28 December 20231 IQD = 0.6881 KPW
29 December 20231 IQD = 0.6881 KPW

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.